First comes the engagement and then comes the baby! News broke last night (March 23) that incredibly good-looking and talented duo Mila Kunis and Ashton Kutcher are expecting their first child together.

Kunis, 30, was photographed wearing a massive rock on that finger in Los Angeles last month, which sparked the engagement talk. Now, a source has confirmed to E! the actress and Jim Beam spokeswoman has a bun in the oven with her former 'That '70s Show' co-star.

This will be the first child for both Kunis and Kutcher, 36. That kid hit the genetic jackpot, since Kunis and Kutcher are both very easy on the eyes.

The 'Ted' star was also seen attending a prenatal yoga class, further fueling the pregnancy chatter.

A source told Us Weekly that "this is something they both wanted. They are both so happy." Kutcher is also said to be "very happy" about his impending fatherhood, despite being extremely private about the relationship.

"Ashton has been very private and cut off more than he usually is," the source said. "I know they are planning on being as quiet about their life together as possible."

Kunis has never been married, although she did date former 'Home Alone' star Macaulay Culkin for nearly a decade, while Kutcher was previously wed to actress Demi Moore. He began dating Kunis after he and Moore split.

Congrats to the couple on their bundle-of-joy-to-be. Obviously, Kunis won't be partaking of Jim Beam spirits while preggers!